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Home»Investments»Amazon announces billions of euros of European investment and thousands of new jobs
Investments

Amazon announces billions of euros of European investment and thousands of new jobs

prosperplanetpulse.comBy prosperplanetpulse.comJuly 11, 2024No Comments4 Mins Read0 Views
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This year, Amazon announced billions of euros of investment in Europe, including logistics, cloud infrastructure, research and development, and the creation of thousands of new jobs across the region.

In Spain, the Amazon It has created more jobs in the past five years than any other company. – Amazon Web Services (AWS) Plans to invest 15.7 billion euros over the next 10 yearsis expanding the AWS Europe (Spain) Region in Aragon. The investment is expected to create an estimated 17,500 full-time equivalent jobs for local companies on average per year and contribute an estimated €21.6 billion to Spain’s Gross Domestic Product (GDP) by 2033.

About FC_4168.JPG

Spanish Prime Minister Pedro Sanchez and Amazon CEO Andy Jassy.

In Germany, Planned investment of 10 billion euros We will drive innovation and support the expansion of our logistics network and cloud infrastructure in the country. We will also create 4,000 new jobs in three new fulfillment centers this year, meaning that by the end of the year we will have more than 40,000 permanent positions in over 100 cities and municipalities in Germany. As part of our investment in Germany, AWS plans to invest 8.8 billion euros by 2026AWS will continue to build, maintain, and operate the cloud infrastructure in the AWS Europe (Frankfurt) Region. Additionally, AWS announced plans to invest in the region. AWS to invest €7.8 billion in European sovereign cloud It has confirmed investment plans totalling 17.8 billion euros up to 2040, i.e. in Germany. AWS European Sovereign Cloud plans to launch the first AWS region in Brandenburg by the end of 2025.

German Federal Chancellor Olaf Scholz welcomed Amazon CEO Andi Jassy and Amazon.de Country Manager Rocco Brauniger to the Chancellery to discuss the company's 10 billion euro investments in jobs and innovation.

Amazon.de Country Manager Rocco Brauniger, German Federal Chancellor Olaf Scholzandt and Amazon CEO Andi Jassy.

Also, More than 1.2 billion euros to be invested This will create more than 3,000 full-time jobs in France, in addition to the 2,000 new jobs already announced for 2024. This includes increased investment in AWS cloud infrastructure to meet demand for AWS services in France, driven by the potential of cloud computing and artificial intelligence (AI), as well as increased investment in logistics infrastructure in the Auvergne-Rhône-Alpes region to increase delivery speeds and improve sustainable deliveries to customers.

Jorrit Van der Meulen, Vice President of EU Stores at Amazon“Our investment announcements this year clearly demonstrate our deep commitment to Europe and our millions of European customers. From our logistics network and sustainability efforts to our cloud infrastructure and world-class research and development hub, we are proud of what we’ve achieved in Europe and excited about what’s next.”

Tanuja Randery, vice president and managing director, Europe, Middle East and Africa (EMEA), AWS, “These investments reinforce our ongoing commitment to support our customers and partners across Europe, helping them unlock the potential of cloud computing and generative AI to accelerate innovation, improve competitiveness and create new opportunities. Beyond direct investment and creating new jobs, we continue to support local schools and community groups by investing in skills, education programs and sustainability initiatives because we want to empower individuals and organizations, uplift their communities and drive sustainable progress that extends far beyond our core business.”

Elsewhere in Europe, Amazon Games is expanding as announced earlier this year. New development studio in Bucharest, Romania; Enabled Poland’s first wind power project and 12 new renewable energy projects in Spain;And we New dedicated online store opens in IrelandAmazon.ie, 2025.

In addition, AWS Strategic collaboration with Bord na Móna This includes investment in up to 800MW of renewable energy projects in Ireland. Belgium’s newest national park receives €1.1 million in funding;And we announced Supporting Arco Verde, Madrid’s flagship environmental projecta donation of 2.2 million euros.

For more information on Amazon’s European investments, here.





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